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Cann to lead NASCUS CU Advisory Council

BOSTON (9/1/09)--J. Parker Cann, senior vice president and general counsel, Boeing Employees CU (BECU), began his two-year chairmanship of the National Association of State Credit Union Supervisors (NASCUS) Credit Union Advisory Council on Aug. 21 during the NASCUS State System Summit in Boston. Cann will serve as the council chairman until 2011. Cann, a 30-year veteran of the financial services industry, has served as both a state credit union regulator and a credit union executive. Prior to his current role at BECU, he was president/CEO of Columbia CU, Vancouver, Wash., and the chief credit union regulator for Washington state. “My chairmanship of the Credit Union Advisory Council is occurring at a critical time for credit unions and the financial services industry as a whole,” Cann said. “As we fulfill our important role as advisors to state regulators, I will continue to promote the Credit Union Advisory Council's support for state regulatory authority and the preservation of a strong state charter.” The NASCUS 2009-2010 Credit Union Executive Council, the governing body of the Advisory Council, also was announced at the meeting. The four council directors re-elected for three-year terms are:

Cann also reappointed Bob Fouch, Corporate Central CU, Hales Corners, Wis., as the council’s designated corporate credit union representative for a three-year term. This year’s annual meeting was the last for Immediate Past Credit Union Advisory Council Chairman Thompson, who served as the council's leader for more than two years. The sitting Credit Union Executive Council directors are: